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20121202
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the day after the election to put receive news on the table to take a step toward the topt try to resolve. this when is he going to take a step towards us? >> can you see some way you can agree to tax rate increase and protect small businesses at the same time, maybe going with the 37% or some middle ground? >> there are a lot of things that are possible. but none of it is going to be possible. the president insist on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. thanks. >> minority leader me lows si speak today. here are her remarks. >> this morning we received the news that the economy added 146,000 jobs last month. the unemployment rate fell to 7.7% and we mark the 33 reasonable doubt consecutive month of private sector job growth. our economy is moving forward but it could be growing at a faster rate if the republican leadership had taken up and passed some of president obama's job initiatives including the american jobs act and had passed the middle income tax cut. having done tha
just had an election. the people overwhelmingly know why we have this debt. the polling right before the election showed that the vast majority of the american people realize that the debt was caused by george bush. that is a fact. mr. president, we have another judge report coming out tomorrow here we have a little problem because of what happened with hurricane sandy. but we will still have about 100,000 new jobs. we are approaching about 4 million jobs now that have been created. that does not merely make up for what was lost during the bush years, but we are making progress. people in america realize we cannot have a top-down economy that the republicans so glove during the bush years and they wanted to create begin with governor romney. mr. president, i would be happy to take -- and they want to have again beginning with governor romney. mr. president, i would be happy to take a look at the proposal. if that is what they want to do, i would be happy to seriously take a look at that and report to the white house and my caucus. but until then, i object. -- r. president >> that has
it is destined to be which is the single greatest nation. >> a few days after the election when republicans lifted -- mitt romney with hispanic voters, something like a 44-point gap. we need to do something on immigration. but it wasn't a couple weeks. republicans already couldn't agree on what needs to be done. how do you get your own party on the same page, let alone with the democrats did was i disagree but i don't think that's what's happened. i think what's happening is, the concept of immigration reform, and a lot of consensus. like every major piece of legislation to need to be examined. i'll give you an example. we have millions waiting to come in legally. a lot of encouragement office. they say we've done it the right way, we've waited. you were telling me that somehow if i can elegantly it would have been faster? it doesn't seem rights of people are troubled by the. that's one example of the kind of debate i think we're going to have. on the ag worker, ma guestworker, there will be a lot of debate in the democratic party. they are our labor workers who are not in favor of a guestw
do well. having said that, welcome again, mr. secretary. just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unweissly, i thought, guaranteed -- unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becom
that, welcome again, mr. secretary. just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becoming clear to all, including right here in this committee,
Search Results 0 to 4 of about 5

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